Crops
Ridge of high pressure to build across the heartland.
Sees corn, soybean and spring wheat acres up from USDA’s March pegs.
Comes partially at the expense of a smaller soybean crop.
Notes much-needed rains stabilized the winter wheat crop in areas of the FSU.
Corn exports are projected 50 million bushels lower as shipments and sales continue to fall off of the pace needed to reach last month’s projection.
What effect will the longer trading hours have on the markets when USDA reports are released? Jerry Gulke analyzes.
Rains are needed to stimulate nodal root development
Pending CFTC approval, new trading hours will begin no later than Sunday, June 3.
Hot, dry forecasts are causing alarm in the grain markets. Will the upcoming weather singe the early-planted crops? Jerry Gulke discusses.
USDA crop progress and condition report highlights.
Rains along Mexico’s Gulf Coast benefit soil moisture.
Find out what you need to know and how you should be positioned going into tomorrow’s reports.
FAO’s Food Price Index fell three point from last month.
Pegs 2012 winter wheat crop at 1.656 billion bushels.
To assess the impact of freezing temperatures on emerged corn, check plants about 5 days after the freezing injury occurred .
Look for corn to continue to gain on wheat over the next several weeks.
Now that it’s April, is there any reason to wait much longer to start planting?
When corn growers start planting this spring, they’ll probably keep planting corn until they’ve seeded nearly 96 million acres.
See the data, read the biggest news and listen to analysis of today’s Prospective Plantings and Grain Stocks reports.
Corn, soybean and wheat stocks came in below expectations.